According to Todudu Bulk Products Market Analysis System monitoring, the domestic LLDPE (7042) price was RMB 8,188 per ton on February 18th, and the average price was RMB 8,214 per ton on February 23rd, an increase of 0.31% year-on-year.

According to the rabbit doodle bulk product market analysis system monitoring, February 18 domestic LDPE (2426H) price for 9245 yuan / ton, February 23 average price of 9262 yuan / ton, during the period of 0.19 yuan. %.

According to the monitoring of Rabbit Doodle Bulk Products Market Analysis System, the domestic price of HDPE (5000S) was RMB 8,375 per ton on February 18th, and the average price was RMB 8,375 per ton on February 23rd. During this period, the estimate remained stable.

LLDPE rose slightly last week, then rose slightly, then basically stable. HDPE Weak and stable forecast. The tense geopolitical situation in the Middle East influenced the relatively strong trend of international oil prices during the Lunar New Year, which supported the PE market from a cost perspective. After the Lunar New Year, downstream factories gradually resumed work and the market replenished inventories. Along with a slight increase in prices. However, the overall demand traded limited, prices fell and the upward momentum continued to lack. Traders are expected to deposit and release shipment margins. PE inventory pressure is high, to a certain extent, limiting the upside.

February 23, Dalian Commodity Exchange PE L2405 contract opened at 8167 yuan, closed at 8199 yuan, up 32 yuan, the highest 8236 yuan, the lowest 8166 yuan, up 0.39%.In February this year, the lack of corporate maintenance facilities, the shortage of petrochemical company inventories during the holiday season, PE supply pressure continued. Oil prices often fluctuate sharply, which to some extent helps to reduce costs. It is expected that PE business may be slightly adjusted in the short term.

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